What is Credit Reducing Term Takaful?
Credit Reducing Term Takaful Plan (CRTT) safeguards your family, covering outstanding
car financing in the event of Death or Total and Permanent Disability (TPD).
Why choose Credit Reducing Term Takaful?
Security
Provides security for your family during unforeseen circumstances.
Benefits
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Death or Total & Permanent Disability (TPD) Coverage Pays your outstanding Car Financing in the event of death or Total and Permanent Disability (TPD). |
Sum Covered Minimum Coverage of RM10,000. Guaranteed acceptance up to sum covered of RM400,000 up to 60 years of age. |
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Flexible Certificate Terms Min: 1 year Max: 58 years or expiry at 75 years of age, whichever is earlier. |
Compassionate Benefit Lump sum benefit of RM1,000 upon death. |
Eligibility
• For new and existing Maybank Islamic car financing customers
• Aged between 17 to 65 years old
• Valid for Murabahah Variable Term Financing-Islamic (MVTF-i)
How to Sign Up For/Purchase this Plan?
Make an appointment online at Maybank EzyQ.
Talk to our friendly Sales Representative at a Maybank Auto Finance Centre or Maybank branch near you.
PIDM protection
The benefit(s) payable under eligible product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Etiqa Family Takaful Berhad or PIDM (visit www.pidm.gov.my)
Stand to win prizes worth up to RM56,100 when you finance with Maybank Car Loan/Financing!
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Campaign Period: 1 January 2025 – 30 June 2025
Locate a branch
Find a Maybank branch nearby you
Credit Reducing Term Takaful
A Shariah-compliant plan for new and existing Maybank Islamic car financing customers.
• Covers outstanding Car Financing in the event of Death or Total and Permanent Disability (TPD)
• Guaranteed acceptance up to sum covered of RM400,000 up to 60 years of age
Takaful Auto Credit Plan
A Shariah-compliant plan that settles the outstanding balance of your car loan in the event of death or disability.
• No medical examination required
• Automatic acceptance for sum covered up to RM200,000
• One-time contribution for entire tenure
Car Insurance
A car insurance plan made for just about everybody.
• 10% OFF of your plan when you sign up/renew
• Up to 30% Etiqa Cashback by Driving Less
• Get complimentary roadside assistance via Etiqa+ App